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Billionaire Andreas Halvorsen’s Stock Portfolio: 10 Top Stock Picks

In this article, we discuss Andreas Halvorsen and his top 10 stock picks. If you want to read about some more stocks in the Halvorsen portfolio, go directly to Andreas Halvorsen Stock Portfolio: 5 Top Stock Picks.

Andreas Halvorsen, the billionaire chief of Viking Global, is a Viking in the true sense of the word, hailing from Norway and serving in the Norwegian military for a short period. The world of finance is a lot different than the Norwegian Naval Academy, but Halvorsen has managed to hack both. His net worth is close to $6 billion and the value of the 13F equity portfolio of his fund, at the end of September 2023, was in excess of $24 billion, with sizable stakes in firms like Visa Inc. (NYSE:V), United Parcel Service, Inc. (NYSE:UPS), and Amazon.com, Inc. (NASDAQ:AMZN).

Halvorsen earned an undergraduate degree in economics from the Williams College in the United States in 1986. He also has a postgraduate business degree from Stanford. He got his first taste in finance while working for Morgan Stanley straight out of college. Afterwards, he moved to Tiger Management under Julian Robertson, one of the biggest hedge funds in the world at the time. In 1999, he left the fund to co-found his own investment firm alongside David Ott and Brian Olson.

Even though Ott and Olson left the firm in 2010 and 2005 respectively, Halvorsen has marched on to even greater success. In August this year, news agency Reuters reported that Halvorsen was planning to reopen the long/short flagship fund of Viking Global for new capital. In 2011, Halvorsen had closed the fund because it had become too big to explore profitable trading opportunities. The move comes as equity funds become leading gainers. Per latest figures, the value of the equity portfolio at Viking increased by $200 million in the past three months. 

Our Methodology

These were picked from the investment portfolio of Viking Global at the end of the third quarter of 2023. In order to provide readers with a more comprehensive overview of the companies, the analyst ratings for each firm are mentioned alongside other details. A database of around 900 elite hedge funds tracked by Insider Monkey in the second quarter of 2023 was used to quantify the popularity of each stock in the hedge fund universe. 

Andreas Halvorsen of Viking Global

Andreas Halvorsen Stock Portfolio: Top Stock Picks

10. General Electric Company (NYSE:GE)

Number of Hedge Fund Holders: 71   

General Electric Company (NYSE:GE) operates as a high-tech industrial company. Regulatory filings show that Viking Global owned 7.9 million shares of General Electric Company (NYSE:GE) at the end of September 2023 worth $884 million, representing 3.58% of the portfolio of the fund.

On October 26, investment advisory Deutsche Bank maintained a Buy rating on General Electric Company (NYSE:GE) stock and raised the price target to $143 from $141, appreciating the third quarter earnings report of the firm. 

Among the hedge funds being tracked by Insider Monkey, London-based investment firm TCI Fund Management is a leading shareholder in General Electric Company (NYSE:GE) with 41 million shares worth more than $4.6 billion. 

Just like Visa Inc. (NYSE:V), United Parcel Service, Inc. (NYSE:UPS), and Amazon.com, Inc. (NASDAQ:AMZN), General Electric Company (NYSE:GE) is one of the top stocks in the portfolio of Andreas Halvorsen. 

9. APi Group Corporation (NYSE:APG)

Number of Hedge Fund Holders: 38  

APi Group Corporation (NYSE:APG) provides safety, specialty, and industrial services. Regulatory filings show that Viking Global owned 34 million shares of APi Group Corporation (NYSE:APG) at the end of September 2023 worth $886 million, representing 3.59% of the portfolio of the fund.

On November 2, APi Group Corporation (NYSE:APG) posted earnings for the third quarter of 2023, reporting earnings per share of $0.48, beating market estimates by $0.03. The revenue over the period was $1.7 billion, up close to 3% year-on-year. 

At the end of the second quarter of 2023, 38 hedge funds in the database of Insider Monkey held stakes worth $1.7 billion in APi Group Corporation (NYSE:APG), compared to 41 in the preceding quarter worth $1.4 billion. 

In its Q3 2023 investor letter, Greenhaven Road Capital, an asset management firm, highlighted a few stocks and APi Group Corporation (NYSE:APG) was one of them. Here is what the fund said:

“APi Group Corporation (NYSE:APG) – The investment thesis remains the same: APi Group has a wonderful asset-light fire/life safety business whose customers are legally required to purchase their type of services. This business has grown organically at mid- to high single digits with incremental growth coming from tuck-in acquisitions. With very low customer churn for their non-discretionary services, APi revenues and earnings should grow with the passage of time, and 2024 earnings should benefit from the resolution of supply chain issues and the company’s full digestion of its large acquisition, Chubb. Our returns should come from a combination of improved earnings through organic growth, small acquisitions, and margin improvement. The real “juice,” if there is any, will come from multiple expansion, as there are several asset-light non-cyclical business trading at >2x APG’s multiple.”

8. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 225    

Meta Platforms, Inc. (NASDAQ:META) is a tech firm that owns and runs social media platforms.  Latest data shows that Viking Global owned 3 million shares of Meta Platforms, Inc. (NASDAQ:META) at the end of September 2023 worth $917 million, representing 3.72% of the portfolio of the fund. 

Meta Platforms, Inc. (NASDAQ:META) has been ramping up investment in the artificial intelligence space over the past few months. On November 17, it announced Emu Video and Emu Edit, AI-based video calling features that carry out tasks based on text instructions. 

At the end of the second quarter of 2023, 225 hedge funds in the database of Insider Monkey held stakes worth $30 billion in Meta Platforms, Inc. (NASDAQ:META), compared to 220 in the preceding quarter worth $25 billion. 

In its Q3 2023 investor letter, Weitz Investment Management, an asset management firm, highlighted a few stocks and Meta Platforms, Inc. (NASDAQ:META) was one of them. Here is what the fund said:

“As for other quarterly contributors, Alphabet, Inc., (GOOG) and Meta Platforms, Inc. (NASDAQ:META) added to their exceptional year-to-date returns. Meta Platforms and Alphabet were the true year-to-date standouts. After steep declines in 2022, both stocks rebounded sharply due to a combination of solid fundamentals, disciplined operational execution, and improved sentiment. Despite outsized gains and attention, we think both Alphabet and Meta remain undervalued.”

7. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 111 

UnitedHealth Group Incorporated (NYSE:UNH) operates as a diversified healthcare firm. Securities filings reveal that Viking Global owned 1.8 million shares of UnitedHealth Group Incorporated (NYSE:UNH) at the end of the third quarter of 2023 worth $936 million, representing 3.80% of the portfolio. 

On October 23, investment advisory Mizuho maintained a Buy rating on UnitedHealth Group Incorporated (NYSE:UNH) stock and raised the price target to $584 from $549, backing the firm to achieve long-term guidance goals. 

At the end of the second quarter of 2023, 111 hedge funds in the database of Insider Monkey held stakes worth $10 billion in UnitedHealth Group Incorporated (NYSE:UNH), compared to 116 in the preceding quarter worth $11 billion. 

In its Q3 2023 investor letter, Madison Investments, an asset management firm, highlighted a few stocks and UnitedHealth Group Incorporated (NYSE:UNH) was one of them. Here is what the fund said:

“The top contributors in the quarter were Eli Lilly, Jacobs, Alphabet, Costco, and UnitedHealth Group Incorporated (NYSE:UNH). UnitedHealth responded well to a solid second quarter, with a better medical loss ratio driving the better-than-expected results. Additionally, UNH modestly raised guidance for the full year.

We updated the sustainable scorecard for UnitedHealth Group. The company continues to have Above Average Corporate Governance with a clear policy on separating the roles of the Chair of the Board and the CEO. We also rate the company Above Average on Social factors due to its clear cybersecurity, privacy, and data governance policies. The company continues to diversify its top management positions, where 40% of top management positions are held by women, up from 37% in 2020. We reduced our Environment rating to Average from Above Average as the company has significantly expanded its footprint in the last few years by acquiring local providers. The company is at the beginning of its journey to source renewable electricity for 100% of its operations by 2030.”

6. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. Latest 13F filings show that Viking Global owned over 3 million shares of Microsoft Corporation (NASDAQ:MSFT) at the end of September 2023 worth $954 million, representing 3.87% of the portfolio.

Microsoft Corporation (NASDAQ:MSFT) shares have rallied in recent weeks after the firm showcased two in-house processors, one focused on artificial intelligence and the other on cloud computing, at a tech conference on November 15. 

Among the hedge funds being tracked by Insider Monkey, Texas-based investment firm Fisher Asset Management is a leading shareholder in Microsoft Corporation (NASDAQ:MSFT)  with 24 million shares worth more than $7.8 billion.

Along with Visa Inc. (NYSE:V), United Parcel Service, Inc. (NYSE:UPS), and Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT) is one of the top stocks in the portfolio of Andreas Halvorsen. 

In its Q3 2023 investor letter, Jackson Peak Capital, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ:MSFT) was one of them. Here is what the fund said:

“The Microsoft Corporation (NASDAQ:MSFT)/Activision Blizzard, Inc. (NASDAQ:ATVI) merger arbitrage came to a successful conclusion with the court denying the FTC’s preliminary injunction request. The deal subsequently received approval from the UK CMA and closed in October. The ATVI position was an example of “staying around the hoop” of a significant arb opportunity. At first, the position led to a small loss in Q2 when the UK CMA initially blocked the deal in April, but we stayed close to the case, analyzed the FTC trial and scaled up the ATVI position as it became apparent FTC had a weak case, meaning the probability of the deal going through was mispriced by the market since the companies would likely find a solution to work with the UK CMA (only global regulator who had an issue) if the FTC lost.”

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Disclosure. None. Andreas Halvorsen Stock Portfolio: 10 Top Stock Picks is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


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